Why Hosting the World Cup Is a Losing Proposition for South Africa

17 August 2010, 7:07 pm

Daily Finance, 12 June 2010 Organizers of the 2010 World Cup, which started Friday, are making the same error that backers of big sporting events always do — overpromising and underdelivering. In 2008, the South African government said the global soccer tournament would create an estimated 695,000 jobs and have a gross impact of 93 billion rand [...]... Read More »

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